Built-in 2023, these five units are now available for purchase from the developer. This property is strategically located to ensure a steady income stream, currently achieving an attractive 6% cap rate and offering the potential for additional ADU (Accessory Dwelling Unit) conversions. Each unit features modern and stylish finishes, delivering… Read More a luxurious living experience. Furthermore, all units are separately metered for gas, water, and electricity, promoting a low-maintenance and efficient setting. This exceptional offering encompasses a well-planned 7,700 square feet, situated in the vibrant heart of Los Angeles, comprising (2) four-bedroom units, (2) three-bedroom units, and a one-bedroom ADU. The well-designed floor plans include ensuite bathrooms in all bedrooms and ample parking for tenants. Ideally located just east of Vermont and north of Washington Boulevard, it lies conveniently north of the esteemed USC campus andslightly west of downtown Los Angeles. This opportunity isideal for a 1031 exchange buyer or any investor seekingconsistent and passive cash flow in a thriving market. Read Less
Property listed by Global Platinum Properties, Inc., Armin Soleimani 424-394-1030
Listing Snapshot
Days Online
65
Last Updated
Property Type
Other
Beds
15
Square Ft.
7,700
Lot Size
0.14 Acres
Year Built
2023
MLS Number
25496647
30 Days Snapshot Of 90006
$742k
-9%
(avg) sold price
5
+25%
homes sold
62
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 2023, Building area total: 7,700, Levels: ThreeOrMore, Living area: 7700, 2 buildings
Community
Gated
Cooling
CentralAir
Heating
Central
Income
Gross income: $233,640, Net operating income: $185,679
Lot
0.1405 acres, 6,122 square feet, Size: 6,122
Parking
2 totals parking, Garage, Tandem
Property
Zoning: LARD1.5
Security Features
GatedCommunity
Sewer
SewerTapPaid
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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